March 5, 1998

To: Corporate Services Committee

From: Commissioner of Corporate Services

Subject: Renewal of Parking License Agreement - Oak Leaf Confections

West side of Sinnott Road, North of Comstock Road

(Ward 13 - Scarborough Bluffs)

Purpose:

The licensee, Leaf Confections Limited., now known as Oak Leaf Confections, wishes to exercise an option to renew the parking license for a further term of five (5) years. This report summarizes the tentative agreement.

Funding:

The proceeds of license fee to be credited to Account # 30000-26500-48350-816, Real Estate Rentals.

Recommendations:

It is recommended that:

(1) the City authorize the renewal of the license agreement requested by Oak Leaf Confections for a five year term commencing May 1, 1998 on the same terms and conditions as per the existing agreement including the annual license fee at $2,912.80 plus G.S.T.; and

(2) appropriate City Officials be authorized to execute the relevant renewal document.

History:

Oak Leaf Confections, formerly Leaf Confections Limited, is located at the northwest corner of Comstock Road and Sinnott Road.

Oak Leaf Confections leased a strip of land on the east side of Sinnott Road for employee parking as well as a portion of the road allowance on the west side of Sinnott Road for executive parking. The agreement which is for a period of five years expires April 30, 1998.

The strip of land on the east side of Sinnott Road measures 20 feet by 330 feet of which 12 feet is owned by the City and the remaining 8 feet forms part of the Sinnott Road road allowance. The second part of the license includes a portion of a road allowance at the main entrance of the manufacturing facility. It measures 22 feet by 31 feet. A total of 39 parking spaces can be accommodated within the licensed area. A sketch showing the dimensions of the licensed area in cross-hatched lines is attached.

Comments:

The license agreement between the former City of Scarborough and Oak Leaf Confections as successor to Leaf Confections Limited, expires on April 30, 1998. A provision in the agreement gives the licensee an option to renew for a further term of five (5) years at a rent to be negotiated. The licensee, now known as Oak Leaf Confections has advised they wish to renew the license.

Subject to Council=s approval, a tentative renewal agreement has been reached for another five years commencing on May 1, 1998 on the same terms and conditions including the annual license fee at $2,912.80 plus G.S.T.. The Works and Environment Department of Scarborough Office have no objection to the proposed license renewal.

Conclusion:

To permit parking within the licensed area will alleviate the parking problem experienced by employees of Oak Leaf Confessions. The road allowance that is licensed for parking will not affect the travel path of Sinnott Road which is a sub-arterial road with limited vehicular traffic. The agreed annual fee reflects fair market rent based on land value and existing use of the land.

Contact Name:

R. Mayr, AACI, Telephone (416) 396-4930, Fax (416) 396-4241, mayr@city.scarborough.on.ca

(cs98029.wpd)

Margaret Rodrigues

Commissioner, Corporate Services